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ORIGINAL PETITION. 23
to a new exhibitor until that exhibitor has received the approval of the Patents Company; by it the latter company is enabled to determine who shall become an exhibitor.
(8) The licensor agrees that before licensing any person in the United States to lease licensed motion pictures from licensed manufacturers, i. e., to be a rental exchange, it will exact from each such licensee an agreement similar in terms to the present agreement. (Condition 16.)
(9) The licensor may terminate the agreement on fourteen days' written notice to the licensee of its intention so to do, or immediately upon breach of any of its conditions. (Condition 19.)
(10) The terms and conditions of the license may be changed at the option of the licensor upon fourteen days' written notice to the licensee. (Condition 20.)
(11) The licensee shall return to each licensed manufacturer on the first day of every month, commencing seven months from the first day of the month on which the agreement is executed, an amount of positive motion picture film in running feet equivalent to that obtained the seventh preceding month. (Condition 9.)
(12) The leasing prices are stated in the agreement. (Condition 20.) These become the same jor every rental exchange in the United States.
The effect of these rental exchange agreements was to place all the rental exchanges at the mercy of defendants and the Patents Company. This company would not allow exhibitors to lease from different exchanges, but required each exhibitor to obtain his entire supply of films from one exchange. In this respect competition between rental exchanges was ehrninated. Each rental exchange paid the same for his films as every other exchange. To-day each of the ten Patents Company, licensees, leases its films at the same prices and on the same terms as the other nine licensees.
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